addition of emerging market local currency sukuk to Barclays indices

At the end of this month, Barclays will add 36 Malaysian ringgit-denominated sukuk to its indices, raising the profile of sukuk and increasing expected investment, according to FT article by Steve Johnson (‘Barclays boosts sukuk market,’ 1 February 2015). The reason for the inclusion according to Barclays was that these sukuk represent 40 percent of the domestic fixed rate bond market in Malaysia and are sufficiently liquid; the only other local currency sukuk in the Barclays indices was the UK sovereign issue that closed in 2014